Today, the much-awaited Nigeria’s education loan scheme comes alive as the application portal commences to accept registration of profile and applications.
The managing director/chief executive officer of the Nigeria Education Loan Fund, Akintunde Sawyerr, recently announced that the launch portal will be on Friday, May 24, 2024.
According to NELFUND, the scheme’s first phase will include 1.2 million federal higher institution students.
He stressed that the next phase will include students from State universities in Nigeria.
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Sawyerr said the requirements to apply for the loan include an admission letter from the Joint Admissions and Matriculation Board, a National Identity Number, a Bank Verification Number, and completed application forms from its website.
Meanwhile, students in private universities have express grievance against exclusion from the scheme.


